Uterageri, Switzerland, March 5, 2022 (GLOBE NEWSWIRE)-ArtMeta has announced that it will build a metaverse dedicated to fine arts to integrate the traditional art world with the encrypted NFT art space. ArtMeta Metaverse will be a fully realized photorealistic 3D world where artists, art lovers and collectors can come together to explore virtual galleries, participate in auctions and sales. This includes the participation of renowned art galleries, luxury auction houses and individual artists from around the world.
The idea behind ArtMeta is to help artists and galleries build a foothold in NFT spaces by connecting with customers in a dedicated virtual world. The world itself is an island city conceived by the painter Jonathan Delashaw and run in collaboration with visual and digital effects artist and DI specialist Lomain Donot. The project is led by CEO Roger Haas, the founder of a world-class gallery that heads the Swiss Museum Foundation. Haas is a prominent voice in the world of contemporary art, and its support and leadership have proven to be invaluable to Art Meta. Its design is based on the look and feel of famous art exhibitions around the world, including Documenta, Venice Biennale, Soho and Art Basel.
Inside the ArtMeta Metaverse, visitors are free to roam the city and explore the city as they please. There are no locked doors anywhere and nothing is off limits. During the trip, visitors can encounter pop-up art events and visit virtual installations of countless real-world museums. And because the ArtMeta Metaverse’s indoor space is digital, there’s always a surprise behind each door.
This is because ArtMeta’s Metaverse building takes advantage of the non-Euclidean nature of the digital world. This means that visitors can enter what looks like a small unpretentious building just to find a gallery that looks small when compared to the Louvre Museum in Paris. Conversely, they may enter the gorgeous palace building and find a white room with a painting of an artist.
What they find depends on the galleries and artists who rent the space in the Metaverse. They are free to manage the exhibition space and use it as an expression of their favorite design style. And internally, they can display tokenized versions of their real-world art. Visitors can purchase an NFT version of the art through the ArtMeta Marketplace or through the services of participating auction houses.
Beyond delivering fine art to as many audiences as possible, all these points are to solve many of the problems that currently exist in the digital art market. First, artists lack the technical skills to create NFTs, limiting their ability to participate in new media. ArtMeta improves this by giving artists access to high-end NFT studios to help them convert their work to NFT format.
And in the case of galleries, ArtMeta will act as a bridge connecting them to the digital art market, which most estimates expect to be worth $ 13.5 billion by early 2022. In it, the gallery reserves the space needed to showcase the collection and guidance. They need to navigate new markets and thrive in them.
What makes ArtMeta such a unique value proposition is that it also acts as a magnet for art lovers and collectors around the world. By bringing together a large and diverse audience in a single digital space, artists and galleries can turn their participation in the Metaverse into a reliable and reproducible source of income. They can use the money to support offline work, expand the Metaverse footprint, or both.
To get their ambitious new metaverse on track, ArtMeta has partnered with the acclaimed cryptocurrency lunchpad platform TrustSwap. During launch, the project wanted to raise $ 750,000. However, due to the high level of interest, IDO was oversubscribed by 1,045%. We immediately raised $ 750,000, but the overall demand was $ 7.8 million. On January 27th, the project held the Polkastarter IDO. This re-introduced market demand and whitelisted over 15,000 sign-ups. The project was initially aimed at raising $ 500,000 during this IDO, but in a blink of an eye this goal was achieved and exceeded.
They are currently planning to use some of the money to recruit partners for the first gallery and auction house. The goal is to participate in more than 50 galleries by publishing the Metaverse itself.
In addition to recruiting activities, ArtMeta also purchases collections of art from galleries around the world. The collection forms the basis of a gamification program that encourages the participation of early supporters of the platform.
Website: https: //artmeta.io/